Brad Pitt and Angelina Jolie make it official – they are engaged

Brad Pitt and Angelina Jolie have finally taken the next step after seven years together, six children and countless rumors – they are officially engaged, according to People Magazine.

Jolie quietly showed off her engagement ring, which is expected to be more than 10 carats and priced at $250,000, at a private event at the Los Angeles County Museum last week, the media outlet reports.

According to The Huffington Post, the wedding planning and event itself may be getting the same media attention as Prince William and Kate Middleton's royal wedding last year.

"This is really a state wedding," Stephen Galloway, executive editor of features at The Hollywood Reporter, told the news source. "This is America's equivalent to Prince William and Kate Middleton."

However, other experts in the business, like Us Weekly's senior editor Bradley Jacobs, feel as though it will be a low-key event.

"I don't think you're going to see a bunch of fanfare," Jacobs told the media outlet. "It's certainly not going to be a Kim Kardashian-style wedding… It's going to be very subdued."